Respond to an ATO review or audit

Professionals reviewing financial documents during a tax audit

Respond to an ATO review or audit The ATO is asking you to account for decisions you made years ago. Four years ago you and your accountant treated a transaction a particular way. A letter has now arrived asking you to explain it, and what you can show is whatever you happened to keep at […]

ATO discrimination – plain and simple

ATO discrimination - plain and simple

Will all business owners be required to return profits from their businesses as personal services income if they are involved in the business? Will they be required to earn a ‘market wage” (whatever that is)?